Global gender reassignment surgery market to grow by $369m by 2028

Tissue engineering and regenerative medicine show the potential to improve surgery results.

The global gender reassignment surgery market is projected to rise by $369m by 2028 at a compound annual growth rate of over 11.92%, said Technavio.

The sector’s expansion is attributed to an increase in individuals opting for sex change surgeries worldwide with a trend towards medical technology advancements.

Emerging fields like tissue engineering and regenerative medicine are showing potential for further improving surgery results. Meanwhile, developments in anaesthesia and pain management are contributing to better comfort and fewer complications.

“Additionally, the availability of financing options and support groups is helping more individuals access these services,” the report said.

The market encompasses services such as hormone therapy, chest reconstruction, genital reassignment surgeries, and other gender-affirming procedures.